Its announced! Here's dpreview's hands on of the Canon EOS 7D.
DP review hands on of the Canon EOS 7D
I'll have to read this in detail. It sounds really promising!
Added a few more links:
Canon Special Site
It really looks promising. Some of the features that are great are:
1) New macro compensation of accidental movement toward / away from focused subject - i.e. 3 plane IS - up, down; sideways; in, out.
2) New 19 point cross sensor AF
3) New pentaprism viewfinder that is 100%
4) Wireless flash
5) Dedicated RAW / JPG button
6) Great HD video options - 1080p24 included as well as 720p60
7) 18 megapixels with no apparant increase in noise - which gives you more option of reducing apparent noise by reducing it to a lower resolution if you choose to
8) Cheaper than the EOS 5D Mk2